Market Analysis: Ripple Flips Ethereum – Again

Ripple’s (XRP) bullish momentum couldn’t stand the 45-minute flash crash. Trading at $0.344469 according to Coinmarketcap and is down 6.29% but has stolen the number two spot from Ethereum (ETH).

ETH is trading at $133.17 and is down 11.98%, as long as the status quo remains XRP stands to attract capital in November of 2018. However, although this bull squeeze could end up being a blessing for risk-averse traders, any drop below 34 cents and 30 cents could shift momentum from net bullish to bearish.